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appears to be following -- the falling apart due to the credibility of the accuser. there is a big trade dispute going on right now. the european union and mexico which took objection to the abuse of quotas, china must either appeal the ruling or comply by removing the restririctio. failure to do so will enable the u.s. to respond with trade sanctions. they are used in the electrical appliances and predominantly in ththe stl industry. the banking system could also be headed for some big trouble. they have failed to keeeep track of economic stimulus funds. the total value could be well over 300 billion euros. the scale of such loans could pose a threat to china of's entire banking system and the risk exposure could change the credit outlook. the trade manufacturer has plans to cut more than 1400 jobs. a move that will eliminate half of the entire work force. the decision comes after they failed to win a major contract to build more than 1000 train carriages in britain. >> of the contract is part of the plan to upgrade the rail lines. the consortium won the final better. the contract calls
in space, you look back, it's a big blue marble planet we live on. as planet "ocean" residents we have to do our part. >> reporter: to learn more you can visit helvarg's website, bluefront.org. when it comes to saving the ocean, i guess you can say it's time to sink or swim. >> stay with us. there's lots more still to come on "teen kids news." >> we'll be right back. >>> and now our fox in the classroom update. >> nato confirming one of its air strikes on tripoli went offtarget and caused civilian casualties. the libyan government accusing nato of killing nine civilians in the air strike on a residential neighborhood in the capital. meanwhile, syrian forces sweep through the northwestern border region to block refugees from escaping to turkey. president bashar al assad blaming saboteurs for the recent violence and protests. >>> wind gusts continue to challenge crews fighting arizona and new mexico wildfires. thousands of residents in southern arizona evacuating their homes as powerful winds push the flames acrossroads and containment lines toward populated areas. the wallow fire burnin
the dollar. ai, give us the latest take on that. >> absolutely, catherine. big losses overnight in europe and the u.s. new york share prices plunged on wednesday as u.s. policymakers could not resolve their deadlock over raising the nation's debt ceiling. the dow jones industrial average lost more than 198 points and ended the day wednesday that is at 12,302. the index had dropped over 200 points at one stage. investors placed sell orders on a wide range of issues as lawmakers could not reach an agreement on the debt limit. the stock market lost more ground after the u.s. central bank said the american economy is slowing down in its periodic survey of economic conditions. sources say the focus of market players now is whether lawmakers can come up with a deal before the august 2nd deadline. >>> and to see how stocks are trading here in japan this thursday morning, we cross over to ramin mellegard who is at the tokyo stock exchange. good morning. what can you tell us? >> good morning to you, ai. whey can tell you is that the nikkei has broken below the key psychological 10,000 for the firs
additional heavy rain of more than 100 millimeters in the next 24 hours. so flooding is going to be a big concern here, as well as strong winds and high waves along the east coast. in terms of temperatures, it stays hot in southern china. 38 degrees in nanchang today. and shanghai reaches 37 degrees as well. it's very, very hot indeed. now for the americas, looking very unsettled down in the southeastern corner here. watch out for those drenching thunderstorms, picking up all that energy from the gulf of mexico. a couple of severe areas to watch out for across the north as well. for the northeastern corner of the u.s. awell as eastern canada. and then back behind the tail end of this frontal system, this w pressure system forming over montana. so areas nearby for western canada, the plains states as well as the northern plains, i should say. look out for those strong thunderstorms. looking quite showery over down in the southwestern corner as well as western mexico here. temperatures stay very, very hot in the central and the southern portions of the u.s. 40 degrees in oklahoma city. 34 i
Search Results 0 to 3 of about 4